South Africa’s Eu1.25bn 10 year pushes out euro curve

15 May 2003

South Africa has issued a Eu1.25bn 10 year global bond, exorcising the spectre of its last visit to the euro markets - a Eu500m seven year transaction in 2001 - when difficult market conditions forced it cut the size of its bonds.

The fact that the republic was able to increase the ...

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